Nigerian P2P Crypto Trader Convicted and Fined in Pig Butchering Scam Case
A Nigerian court has convicted and fined a peer-to-peer (P2P) cryptocurrency trader who was accused of operating a pig butchering scam. The trader, Lawrence Success Karinate, was found guilty of computer-related fraud, and the court ruled that he must pay a fine equivalent to $257.90 or N200,000. ...
SEC Requests Court’s Approval for Ripple Case Appeal, Stirring Debate
In a recent twist of events, the U.S. Securities and Exchange Commission (SEC) has taken steps to request court approval for an appeal in the ongoing Ripple case. This move could potentially lead to a suspension of proceedings until a final decision is reached. The SEC's argument hinges on the broad ...
Crypto-Businessman Alexander Vinnik Seeks Inclusion in Prisoner Exchange with the U.S.
Russian Alexander Vinnik, who is under arrest in the U.S. on charges of laundering up to $9 billion through the BTC-e exchange, is trying to get him included in any prisoner exchange option between Moscow and Washington. The crypto-businessman would like the option of an ...
Ripple’s Recovery Attempt: Implications for XRP’s Future Dynamics
Ripple tries to recover above the midline of the long-term pattern. Success or failure could have serious implications for the future dynamics of XRP. While short-term indicators suggest that XRP will continue to rise, the longer-term outlook remains unclear and leans toward a bearish outlook. ...